SEVERANCE AGREEMENTSeverance Agreement • February 2nd, 2018 • Harte Hanks Inc • Services-direct mail advertising services • Texas
THIS SEVERANCE AGREEMENT (this “Agreement”) is made as of _______________ ___, 20__, (the “Effective Date”) between Harte Hanks, Inc., a Delaware corporation (the “Company”), and _____________ (the “Executive”).
February 1, 2018Employment Agreement • February 2nd, 2018 • Harte Hanks Inc • Services-direct mail advertising services
Reference is made to your Employment Agreement dated September 13, 2015 (the “Employment Agreement”). This letter reflects our understanding and agreement that, in consideration for continued employment and for other good and valuable consideration, for the period from January 1, 2018 through and including December 31, 2018, (i) your Base Salary shall be reduced to $485,000 on an annualized basis and (ii) you will not participate in the Company’s cash annual incentive plan for 2018 performance (provided that, solely for purposes of your Change in Control Severance Agreement dated September 14, 2015, you shall be deemed to have a target bonus equal to 100% of your Base Salary for 2018).
AMENDED & RESTATED] SEVERANCE AGREEMENT] Severance Agreement • February 2nd, 2018 • Harte Hanks Inc • Services-direct mail advertising services
THIS AMENDMENT TO [AMENDED & RESTATED] SEVERANCE AGREEMENT (this “Amendment”) is made as of _______________ ___, 2018, (the “Effective Date”) between Harte Hanks, Inc., a Delaware corporation (the “Company”), and __________ (the “Executive”).
